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The princely amount of N46 million in the dormant bank account of the Emir of Kano, Alhaji Ado Bayero, was simply irresistible for the young female banker. So the suspect, Amina Magaji, was prepared to risk everything to reactivate the account and convert part of the balance there in to her use. The account was said to have been opened ...
Business
March, 2014
January, 2014
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17 January
Reputation Throws Spanner Into Ex – Access Bank MD, Imoukhuede’s CBN Ambition!
Indication that recently retired of Access Bank, Aigboje – Aig – Imoukhuede is emerging as the best man to step into Sanusi Lamido’s shoe has suffered a terrible blow! The singular decision of spending whopping amount for his retirement cum end of the year 2013 party has resulted in revelations and petitions to the Presidency, on why he should not ...
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15 January
Incredible! FCMB Emerges Largest Fund Raiser In Syndicated Loan Market
Ladi Balogun led FCMB, caused a stir in commercial loan market days back. The bank dazzled with whopping loan deal. Commerzbank Aktiengesellschaft and Standard Chartered Bank, acting as Initial Mandated Lead Arrangers and Book-runners, have disclosed the successful signing of a US$ 150,000,000 Senior Unsecured Term Loan Facility for First City Monument Bank (FCMB) Limited. The agreement was signed recently and represents First City Monument Bank’s largest ...
November, 2013
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28 November
Much Ado About Creditor’s Drama At Skyebank Headquaters
The talk is in town about a mild drama at Skyebank on Wednesday 27th Nov, but younewsng.com investigation was revealed that it is overblown beyond proportion and that the management5 is already looking into the issue. On Wednesday, November 20, 2013, at about 12 noon, an elderly Chief (name withheld), stormed Skye Bank’s Corporate Affairs, Headquarters extension located at 3, ...
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20 November
Depositors Wary Of Union Bank’s Reliability As Staffers Steal Billions Of Naira
An Ikeja High Court on Tuesday remanded a staff of Union Bank Plc, Danasabe Ibrahim, and three others in prison, for allegedly defrauding the bank of N2.05 billion. The 47-year-old banker was arraigned alongside Salihu Mahmoud, 34; Friday Isaiah, 33; and Samuel Azaaior, 30, by the Economic and Financial Crimes Commission (EFCC). Justice Lateef Lawal-Akapo, ordered that the accused persons be remanded in Kirikiri Prison after ...
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20 November
Board Crisis In Ecobank Over Assets
One of the most senior figures at First Bank, Nigeria’s oldest and largest bank, has been dragged into the boardroom drama unfolding atpan-African lender Ecobank Transnational (ETI), which is under investigation following alleged mismanagement. Oba Otudeko, chairman of the holding company of First Bank, is one of Nigeria’s richest businessmen and a leading individual shareholder in both banks. He is said by ETI directors to ...
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14 November
Behold The 8 Banks Declared As Most Reliable In Nigeria
First Bank of Nigeria Limited, Guaranty Trust Bank Plc (GTBank), Zenith Bank Plc, United Bank for Africa Plc (UBA), Access Bank Plc, Skye Bank Plc, Ecobank Nigeria and Diamond Bank Plc have been designated by the Central Bank of Nigeria (CBN), as “too big to fail”, owing to the fact that their failure could pose a systemic risk to the ...
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7 November
10 Money Making Ways Now Now, From Your House With Little Or Nothing!
Information makes the difference between a poor and rich person. Explore 10 things you can do with little to change your life for better. 1. Blogging – Owning a blog is big business these days in Nigeria thanks to the likes of Linda Ikeji. For those who don’t understand, blogging is simply an art of writing short articles about various ...
October, 2013
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21 October
7 Trending News Today: New PDP, Boko Haram, Jonathan, APC, Oduah, Aviation
1. New PDP accepts Court verdict, forge ahead to welcome 5 more Govs, as Tukur calls them “Storm in a tea cup”. 2. Boko Haram disguised with military uniform and shoot 19 dead in Borno. 3. S/E & SS Gov drum support for Jonathan ahead 2015. 4. Opeyemi Bamidele set to dump APC for Labour ...
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21 October
100% Fruit Juice: How Chivita Is Redefining Premium Status
In order to set itself above the fray in a fiercely competitive category, a brand must consistently deliver what the consumer expects. And to be considered premium, the brand must be built upon specific tangible and intangible attributes that give it a sense of worth. Indeed, a brand is only considered premium when consumers believe it is worth the ...
